
Goldman Sachs Crushes Estimates on Trading Boom
📈 Goldman Sachs reported first-quarter 2024 earnings that significantly exceeded analyst expectations.
💰 The strong performance was primarily driven by its trading division, which capitalized on market volatility to achieve record revenues from equity operations.
📊 Profits surged by 27%, reaching $4.2 billion for the quarter, highlighting the bank's ability to profit from dynamic market conditions.

Goldman Sachs and RBC: More Cautious Outlook on the Market
📉 Goldman Sachs and RBC have trimmed their S&P 500 targets to 6,200, reflecting a less optimistic view.
⚠️ Concerns remain about political uncertainty and potential economic slowdown.
📉 A pessimistic scenario could see the S&P 500 falling to 5,100, according to Citigroup.